EU

Ukrainian exporters to pay more than €1 billion to the EU under the CBAM

The updated CBAM version has stricter requirements compared to the one published by the European Commission last July

European steelmakers concern about potential gas shortages

High energy prices have already caused steel and its production prices growth in the region

EU reimposes antidumping duties on rolled aluminum from China

On July 12, 2022, the European Commission will return tariffs on Chinese products after a 9-month break

European Union has suspended import duties for Ukraine for a year

Thanks to these measures, the European Union will be able to support Ukraine's economy significantly

European Parliament supported the abolition of import duties for Ukraine

The measures will completely abolish EU import duties on all Ukrainian exports, including steel, for one year

EUROFER expects 1.9% drop of metal consumption in the EU in 2022

Reasons for the forecast update: the war in Ukraine, rising energy prices and the supply chains disruptions

EU and US consider $14 billion macro financial assistance to Ukraine

At a meeting on May 18, the European Commission will make an early calculations of the amount of money needed to rebuild Ukraine

EC has approved a proposal on the sixth sanction package against Russia

European Union proposes to set a period for the introduction of a ban on imports: six months for crude oil, refined – at the end of the year

Ukraine may get EU candidate status in June

As some Eurobureaucrats and EU countries officials have mixed opinions on the issue, difficulties may emerge

WTO backs some Turkish claims against EU steel import restrictions

European Commission will implement WTO’s ruling after its official adoption by the organization

EU likely to approve phased ban on Russian oil next week

Also, EU’s sixth package of sanctions may include the disconnection of Sberbank from SWIFT

Yuriy Rudyuk: “Anti-dumping protection in the EU against Ukrainian products is most probably gone forever”

Yuriy Rudyuk, partner of law firm “Van Bael & Bellis” on the Commission’s Proposal to remove anti-dumping and safeguard measures on Ukrainian steel imports

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